Hampshire
10 Wallace Rd
$55,000
●
House -
Off Market
10 Wallace Rd
Southampton, MA 01073
3 Beds
1 Bath
3,020 Ft²
$103,991
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Attention BUILDERS, INVESTORS, & FLIPPERS. This is being sold
for the value of the land. The home was destroyed by fire. The
property is being sold AS IS. The buyer is responsible for
Title V and eventual demolition and all debris removal. Buyer to
due diligence and is responsible for approval by the Town for all
permits and plans for reconstruction. Unofficial information being
disclosed is as follows; The home can be COMPLETELY demolished and
a NEW single family, 3 bedroom can be built staying true to the
current building envelope and set backs. The existing
structure could also be used to renovate but a structural engineer
would be required. A new building plan will have to include a
survey with the current building pinned and set backs marked to be
in compliance with the envelope restrictions.The buyer to due all
diligence with regard to the current septic design and title V.
PLEASE UNDER NO CIRCUMSTANCES IS ANYONE PERMITTED TO ENTER THE
BUILDING IT IS NOT SAFE
Unit Size
3,020 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$25
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (MLSPIN #72636781)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 10, 2024 | Listed by William Raveis R.E. & Home Services | $749,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
This recently built/renovated energy-efficient home features two distinct living spaces. One offers an open-concept kitchen in a neutral palette, with stainless steel appliances, quartz countertops, plenty of storage & a tiled backsplash. Open and oversized living & dining areas, flooded with natural light, complete the first level, which includes access to the outdoor living areas. Upstairs are two expansive bedrooms. The main suite offers a walk-in closet, private sitting area, vaulted ceilings, a laundry room, & a full bath w/freestanding soaker tub, stand-up shower, & double sinks. The second living space, currently connected to the first by a pass-through full bathroom, is single-level, with an open floorplan, eat-in kitchen with granite countertops and plenty of storage, and a bedroom and full bath of its own. Outdoors, two decks and a gazebo create a charming partially shaded getaway, and the two-story, four-car garage offers plenty of space for parking, storage, and projects.
| |||
| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 24, 2023 | Listed by Skinner Real Estate Services | $789,900 | |
| Listed by Skinner Real Estate Services | |||
| | |||
|
AMAZING SPACE?! HOW SWEET DOES THAT SOUND!!Two Houses for the price of One! #InLawsWelcome THIS HOME HAS TOO MUCH TO MENTION!!SCHEDULE YOUR SHOWING TODAY! Clean,Crisp White Cabinets,Stainless Steel Appliances,Quartz Countertops & Grey Tiled Backsplash! You'll want to invite your entire family over to entertain for the holidays in this SunDrenched OPEN Oversized Living & Dining Areas! Upstairs offers two oversized bedrms!Main Suite offers a bathrm w/a soaker tub,stand up shower,double sinks,plus a washer/dryer tucked away into a closet! Walk in closet, sitting area, vaulted ceilings, ceiling fan are just some of the comforts in the main bedrm! A FULL BATH seperates the 2nd home Perfect for MULTI-GENERATIONAL LIVING!Open floor plan,eat- in kitchen offers granite counters & plenty of cabinets! You will also find another updated bedrm & full bath! OVERSIZED FOUR CAR GARAGE - DEAD END - Sit out back on either of the 2 decks! Shade yourself under the gazebo & watch the WILDLIFE pass you by!!
| |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Building Info
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